Government to be challenged in court today over BTL tax grab
Landlords fighting to prevent punitive tax relief changes for buy-to-let income being introduced in April 2017 are ‘hopeful’ that a hearing to be held today will see them awarded the right to have their full case heard in court. The campaign group Axe the Tenant Tax, led by private landlords, Chris Cooper and Steve Bolton, […]
Are punishments getting bigger? £300,000 bill for two rogue landlords
Two landlords must pay a combined total of over £300,000 following legal action by a central London council. Westminster council claimed that in both cases extra rooms were illegally squeezed into properties and then let out, without the appropriate planning permission. The authority used the Proceeds of Crime Act in both cases to recoup more […]
1.8 million new rental homes needed but landlords have stopped buying
UK households renting doubled from 2.3m in 2001 to 5.4m in 2014 A balance of 58% of estate agents saw a drop in buy-to-let sales since May 86% of landlords have no plans to increase their rental portfolio this year An extra 2million households will be looking to rent rather than buy a home over […]
North London landlord ordered to pay back £700,000 in ‘illegal rent’
A Cricklewood landlord has been ordered to pay more than £700,000 after he breached Barnet Council’s planning enforcement rules. Saied Rahmdezfouli was refused consent in 2006 to convert his semi-detached house at 11 Quantock Gardens, Cricklewood, NW2, into nine flats. But he opted to press ahead with the conversion anyway and subsequently rented out the […]